a $100000000.00 that's that this all part of the simulation in the 2nd half we speak to peter mccormack who is just recently in venezuela and you might find shelves empty there you're also finding shelves empty here but the fact is you know stock markets are are continue to be at all time highs it seems like everything is booming in singapore and hong kong and china they have no toilet issue there was a story of somebody robbing a shop a supermarket in order to just get some some toilet tissue so this is the same so it is it's no different than what's happening in venezuela a different cause perhaps but at the end of the day we're in the same situation and at the end of the day for the ordinary person you know i hearken back to famous essay written by dmitri orloff back must be now 12 or 13 years ago 20062006 he wrote something called the collapse gap and you saying the soviet union and united states are similar they both bankrupt of themselves with military

budgets the soviet union collapsed and we know the story of that and the us would collapse at some point well i would say you know it's basically true except that instead of the us collapsing it's really the globe the globe collapsing everyone has followed this neoliberal capitols model of money printing but no profits no jobs no growth no health. mortality death rates you know that's the collapse that we're suffering now for the same reason we've bankrupted ourselves with the energy industry to feed the pentagon which is now running out of energy just like the roman roman legions asuncion when the denarius coin became worthless the roman empire collapsed and of course as the roman empire collapsed they ran out of ideas people are running out of ideas the only idea they have is more and more printing as you had pointed out in your tweets and of course janet yellen stepped in and basically agreed with you by saying yellen said. is fed

purchases of stocks and corporate bonds could help in a downturn so of quantitative easing and printing money and buying treasuries and other aaa government bonds well then we're going to start buying corporate junk again like here we have nature fighting back we have antarctica at 68 degrees for the 1st time in recorded history we have these coronaviruses these sort of bad inspired deadly viruses that have been emerging over the past 20 years ebola sars smears. 19 so it seems like no matter what like we get more and more elated and we're more like you know the stock markets just go higher and higher and it has to fight back nature is fighting back harder and harder right there a lot of people on wall street rooting for a coronavirus wipe out of half the world's population because that would prompt central banks to print ever more money and force their stock portfolios higher and

it is so gross and disgusting the incentives for this economy have become in quite perverse and disgusting and there's doubt yellen who's reinforcing the idea that we live in a in a neo monarchy we live in a royal courts where those who janet yellen z are friends of janet are friends of jay powell the current fed chairman get unlimited bailouts for just because they're friends of jay powell for doing for being a friend of jay powell they get unlimited credit as 0 percent interest rates and they're what else is living as a peasant we live in a global peasantry and if you're not a friend of jay powell you are a peasant well exactly i did ask in a tweet to that could help you she was saying it could help she didn't specify who and of course it will help the people behind the moats the people who are have pulled up the drawbridge since 1971 since they went off the gold standard since there is no honest metric and. and you know again tying it into this corona virus

of course nobody's talking about the big situation america is a lot of these people who end up in hospital it's a 20 percent of those who get hit by coronavirus have to go to hospital and the average day is like 10 days to 3 weeks. that's going to cost you half a $1000000.00 here in america most americans have about $400.00 in savings so what is going to happen here. forget the fact that most of these hospitals in america don't even have medical masks anymore because they're all made in china those masks are made in china and china is keeping it for themselves here we have a situation where the anybody who gets sick. how is that going to unfold where people will be too afraid to go to the hospital so they're going to continue walking around the supermarket looking for toilet tissue right you know people say that northern europe is a sign capitalism with a strong welfare state and that's the model in america is capitalism mixed with

a death cult and that's the difference you know we worship death so we make medical attention and. care so inaccessible that we glorify and deify death it's a death cult in america that's what that's our number one export in a different way than what mexico might have where they have a day of the dead and they speak to their ancestors where a kind of more of a you know that early protestant sort of vengeance full you know if if you can afford it then you deserve to die sort of thing but you know i have mentioned hard money that we went off hard money in 1071 and all of these crazy viruses and all this like the fact that we were able to bring decades and decades of future growth forward to today and we've spent it all and i think that that's these are the signs that we're seeing around in the environment and that is that we've actually lived the next 50 years for 10000000000 people you know we've already live

their lives and now we're in this weird stace this. you know i want to compare it to the story that mike novogratz tweeted about and that is that the average woman in the usa is 5 foot 4 inches and weighs $167.00 pounds the average man is 5 foot 9 inches and weighs 195 pounds we need a new national diet i can't believe the female numbers but i've double checked time for country fast what i'm saying is that here we've had. late on the mainstream financial press they'll tell you well this is great food prices all the spot processed food it helps the poor just like our feet money we could continue to give people money we can we know we could airdrop the money so easily because we f. e out because we're no longer on a gold standard we can just drop them and as i just pointed out not only do most americans have less than 4 $100.00 in savings and in fact the back at the bottom

2030 percent of the population has negative net worth but if it were always sold on the idea that we can't let interest rates rise because it will hurt the poor we can't have hard money because it will hurt the pork we can't have real food because it will hurt the poor but here you're seeing that this this is starvation this is an absence of nutrients that you're receiving from the food you're being fed whether it's in the monetary system or the actual nutrients food system yeah i love the way safety and stocks about this in his book the bitcoin standard and i recommend it talks about this idea of keynesianism and the fake money syndromes kind of carrying over to the fake food syndrome and they just look at the calories and say well the poor eats $2.00 or $3000.00 calories a day they don't care that the calories are actually dangerous excess carbohydrates fake sugar death molecules essentially it's just calories right and the results are

national health crisis and then when you go to the hospital for treatment then that's part of the death cult so it's this loop of death unlike mexico where it's they've incorporated death into their aesthetic and artistic expression here it's part of the every day the capitalist model that you need to die for michael bloomberg the greatest thing you can do for michael bloomberg is die i mean that's essentially his message and thus live from the obvious racism and it's pretty pathetic with. the cheap food that we're told is good for the poor it obviously adds a huge health. their burden to them but also you know lost work wages things like that in terms of dealing with their health the same with cheap money they have a massive accumulation of debt that they can never escape and thus never build capital and must never invest in a future they're always running in the same spot since you know i know we staying still so that's why i'm saying we need hard money we need hard food we need

it coined we need gold you know just because the government might say you can now sell a kidney for money doesn't mean it's a good idea even though you're desperate for some sugary breakfast cereal to impair your health and end up in the hospital and not be able to pay and then go into debt servitude it's a michael bloomberg can feel good about himself by an election because hillary clinton lost in 2016 and we're only in the 3rd or 4th stage of the 7 stages of grief oh my god hilary what are going to put us through what do we have to suffer because you're such an ego maniacal idiot well we got to take a break and when we come back much more coming your way. join me every thursday on the all excited i'm sure and i'll be speaking to guest of the world of politics sports business i'm show business i'll see you that.

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the day there's thinks. we dare to ask. in the troubled 19 seventies a group of killers rampage through parts of northern ireland that was coordinated loyalist attacks protect the only population tens of thousands were forced to flee their homes and what was striking to put these attacks was a p.r. you see the police actually took part in the attacks so instead of preventing it they were active participants and the burning of full streets in belfast at the take more than a 100 innocent civilians were. as the review can seniors and we found out more i was surprised about the extent and of the currents which the pollution was involved in some of those cases the killers would later be named. in the gang i think it went to the very very top i think it is.

the water where politicians you thought was going on and give the go ahead. in the united states presidential candidates debate the future of the us and the world. max kaiser and stacy herbert dig into the burning questions of this election cycle one self every week. tax student debt trade was corporate money universal basic income and more catch up with what's front running this sunday exclusively on r.t. . is your media a reflection of reality. in a world transformed. what will make you feel safe. isolation

full community. are you going the right way or are you being led. direct. what is truth what is faith. in a world corrupted you need to descend. to join us in the depths. or a made in the shallowness. welcome back to the kaiser report on. austin texas. peter mccormick extraordinary podcast your host of what. defiance welcome back thanks i mean back. south america was. oh yeah everywhere you

went oh awesome actually it's going to be left around as well. respected respect let's talk about that as well oh yes richard tweeting from venezuela and you're a guy who actually goes places and talks to people in real time and does the job a journalist do you know that you're actually gathering information and reporting on it and so let's talk about this you 1st of all just to the question was it tough to get into venezuela there was a lot of logistics planning so my producer keep saying stop calling yourself a journalist because it comes with too many responsibilities. here yeah that's why a lot of people say you know yourself funny because identifies a satirist because satirists get more slack in terms of free speech yeah yeah that's true he said the problem with journalism is that you need multiple sources fact checking and said you don't have the infrastructure for that so you're just the man on the street telling people what you see but you know

a lot of planning just. only there for 2 days i've been june 2018 i 1st looked into venezuela and i've been following what's been going they are really going to speak to a guy i used to write for. so we went to colombia we met up with him and a group of people for venezuelans it's actually his birthday but the thing he said is you need to be very quick with your equipment and being considered a journalist so we didn't take any of our quip when we left it all in. the hotel. we tried to arrange it to get shipped to where we would go it was a. so we left it there we took my phone each a d.s.l. reach none of our mikes apart from positive to an i phone and then we went we went in separately and you know he said he was a photographer and i said i was mocking go out of here as a tourist a little bit of grief on the way in but not too much. the happened off that we

visited one of the slums. and we left the slums when we got to the highway we the police were following us and pulled us over and you know pretty clear with us of the journalists with were tourists they said what's on the cameras if there's any anti government messages you're going to be arrested and put in jail and all fixed it was very good convincing them not even to check the cameras so that was lucky ok so what was the purpose of this because you wanted to find out what were you did it confirm what your thoughts were or did you learn some new stuff and new stuff i mean i go every for 2 reasons i'll go for bitcoin and then i get to define it so i want to know what's actually going on somewhere like human rights ok so what did you learn about. that. there is a limited use of bitcoin. so we went to the border in colombia.

there was twofold n.g.o.s receive donations but they just it's just a way of receiving money is just another currency they can receive income to what they need it doesn't offer anything special in terms of donation is just another source of money but it is used but again in a very limited amount for people to. send money back into the country. again it's very limited very small most people on the border are trying to and dollars a bowl a vase and take in or take him back into the country to spend so there's very limited use case there most people all they're really very extra. levels of poverty i didn't know of we met some go actually when i went to interview one of the this spanish guy grabbed me and i didn't speak spanish but these translated he was crying and also to be interviewed he said people need to know what it's like from life in there and he'd come to talk to have money and he was the. living on the

street but his wife and his baby. lay him on the street sleeping worried about being attacked. had nothing so we gave him 60 bucks in the end and he was crying his eyes on the guy explained i didn't have an understanding of how poor these people he said well his family can only eat for 3 months. and that's what i mean when we go out right right so the level of poverty is extremely 60 so the idea of these people who are struggling to get by the next 2 or 3 hours you know you know wallet and here are the keys of getting your private keys i mean that's not the goal now because they are struggling to survive just a few hours now we know that part of the reason that they're in the state that they are it has to do with the money with the dollar because that's the currency of occupation is the currency of colonialism and this is seen all over latin america but typically in a revolution and you see this in countries now different peasant uprisings whether it's in france or latin america or even in america now serving

a peasant uprising with the ascent of bernie sanders it's usually the middle class that is actually engaged in the revolution in the answer action they've had it you know up to the neck and they're willing to stage the insurrection is there did you have contact with more middle class yes in venezuela what's going on there so we did both we went into the east of the west and the east of caracas and the polar opposites you go to the east and it feels like any cosmopolis in the city you've got. the genes we would call garrett. for. he still has problems with security it still has problems. with violence and crime but generally speaking it's pretty stable and that's where all the best jobs that's where i soon these people have managed to maintain some level income outside of this water but it's one of the you know has died we then went into the slums in the west and it entirely changes and one of my 1st experience of this is being in

a propaganda zone you know huge maturer murals huge chavez murals like graffiti on the wall but very much of a same style everywhere and then we stumbled upon a madeira rally and that was very weird experience because. during any support but at the same time it felt highly staged you know this happened on the same day that i had come back to venezuela and. you know i just felt very stage one of most interesting things though is that. i asked when we got out of place where i could offer people privately questions where there was no camera on and you know nobody looking in on the conversation i would offer people what they think. and it felt like neither had strong support everyone's everyone i spoke to wants freedom and i think it speaks to a function of this stuff that everyone wants to get rid of material but they still don't think the go i write. the rise of hugo chavez of course you know in response

to the coup and the america even under his watch tried another coup and to establish some kind of economic model in this case what is the kind of kleptocracy mostly us fred is to talk a populist game because you're trying to gain power trying to get into office. simple messages you know this money that's being taken out of the country we're going to try to keep it in the country and then you have a lot of folks in the u.s. and elsewhere would say well this is socialism asuncion socialism is evil but kind of not putting it into cars. context the occupation that was there stealing all the wealth to begin with is this phrase socialism misused in this way or what do you how do you put it into context yeah i mean i do want to get it's a person against the whole american kind of history of coup or whether this is a coup now because i don't know enough about it on the stand off about it and to be

honest right now looking at how desperate the situation is. actually think a coup right now would be a good thing if it opened up the markets if it free the people to continue to have jobs and money want to live on the nation example it's safe from the united states let's say it's the fifty's and sixty's the jim crow laws are in effect blacks are being persecuted unmercifully in america so it would be a good idea for france or germany to stage a coup in america i say the black population i mean another. problem doesn't need homegrown solution i guess ideally you would have a homegrown solution but you are talking about very violent narco trafficking states that has a very violent control over not only narcotics all me and the gold mines you know these these are people who are ruthless the situation is so desperate that if there was a coup and it led to the downfall of their eyes what i would want to know is what is the net gain net loss my of my sumption would be

a net gain. for the war overall state but it's not going to change the poverty you know. venezuela's had poverty for years that you know you know desperate poverty but the the the impact right now we're desperate the thing the story has told all the things i've heard all the videos i've seen is. believable right well it's interesting to see one in the gallery of the trump speech looks like another lot america pump it to me but let's move on let's talk about randy brady a local mash you know he's got a venezuela big going community he got a little wireless nodes. and they can do hard money transfer outside of government outside corporations peer to peer seems like the real revolution that should be supported and is being picked up in the kind of middle class type environment did you see any of that so the thing is that the people using right now all the wealthy or those who are educated are the mining all the trading and there's some

remittance most a lot of people don't have funds to some people sharing in them and those who do have them don't have data services so having actual access to to use something like big coin the infrastructure isn't even that the education. these people are too poor to buy the coin i mean even if the big coin transaction fee is $0.20 and they don't have a double i'm going to spend 20 percent on a transaction so it serves no purpose to the poorest people when you're in caracas it's fine everyone's got power everyone's going access to data it's in the provinces that they don't and that's where you have in the blockhouse but again those are the people who to pour so you know i put out. my controversially called it. because i don't think the solution is a big one right now it's certainly not people who are just hungry and they need money and they survive on the ball of all the dollar everyone has and uses the ball of all they want the dollar if they can get it because it's a bit more stable because it is limited to those who

a mining those who are there they understand that the dollars harder currency than the ball of what it is under under the gresham's law you know. the good money pushes out the bad and so the dollar versus the ball of our is hard but coin versus the dollar is even harder still and in other countries receive oh you have the option of taking either gold or versus the u.s. dollar or u.s. in uruguay a.t.m. just set up for the dollar and a local currency and people save the dollars as a store of value and then they use the local currency for transactions so they understand what a hard money isn't easy. you know once that joshi is 1100th of a penny some people can afford 1100th of a penny and they can stack sounds and they can achieve individual sovereignty so this is not a massive worth telling people absolutely but the the name of the game right now for a lot of people the survival it isn't it isn't a month ahead or a weekend it's today tomorrow how we're going to be now there are practical

problems where i think unlike gold is money that. people can use and that because there's practical problems with gold this part of the problems with that coin that if it doesn't solve the energy india for example the distressed economy you have 20000 tonnes held by women as a way to preserve wealth but anyway we've got to go where they don't save for this is the 1st thing in the movie so that they don't have a culture of saving in venezuela it's get money spend money get money spend money right because they've been brainwashed into fee out money but anyway we can pick up the current thinking on the cause of his or i guess if i got there yeah now we're going to do left and yeah oh i can't do that. oh i'll be down with there's been this way in the kids i'm ready for venezuela i was going to do it for this edition of the kaiser report with me and i don't say so when i think because peter mccormack of what bitcoin did podcast super if you want to catch us on twitter it's kaiser report.

shows seemed wrong by the old rules just don't hold. any world to shape out just to become active. and engaged equals betrayal. when so many find themselves worlds apart we choose to look for common ground. presidential candidates debate the future of the u.s. . every week. student. money.

catch up with. is your media a reflection of reality. in a world transformed. what will make you feel safe. isolation full community. are you going the right way or are you being led. direct. what is truth what is faith. in a world corrupted you need to descend. to join us in the depths. or a maid in the shallows. been

a troubled 19 seventies a group of killers rampage through parts of northern ireland that was coordinated loyalist attacks protecting only catholic population in belfast tens of thousands were forced to flee their homes a mob was striking to put these attacks was a p.r. you see the police actually took part in the attacks so instead of preventing it they were active participants and the burning of full streets in belfast at the take more than a 100 innocent civilians were unloaded as the review can seniors and we found out more i was surprised about the extent and its occurrence which the solution was involved in some of those cases the killers would later be named the dylan and gang i think it went to the very very top i think it the cross the water where politicians you thought was going on and give the go ahead.

in the headlines this hour as the 2nd day of wiki leaks founder julian assange as u.s. extradition hearing gets underway in london his lawyers claim the whistleblower has been badly mistreated by british or thirty's or geishas have been echoed by the publisher's supporters. i mean of course it's not true well that with everything was done to show millions and make life unbearable for him. he has not heard a proper tends to prepare for this trial. britain's 4 time olympic champion mo farah faces fresh media scrutiny over claims he lied to us the open officials about his alleged use of a controversial supplement. and b. gyptian government announces 3 days of mourning after the country's.